Supreme Court to Hear Challenges on Trump's Sweeping Tariffs Impacting Global Trade

The Supreme Court is set to hear challenges to President Donald Trump's broad tariffs on imported goods, which include targeted tariffs on Canada, Mexico, and China tied to fentanyl trafficking, as well as a general 10% tariff on nearly all countries justified by trade deficits. These tariffs have sparked legal battles from small businesses and states claiming severe economic harm, with tariffs potentially raising $2.9 trillion over a decade and reducing GDP, according to the Tax Foundation. Critics argue Trump has not demonstrated an "unusual and extraordinary threat" to justify such sweeping tariffs, while the court's major questions doctrine could deem the tariffs illegal without explicit congressional authorization. Despite the pending Supreme Court verdict, some analysts assert the executive branch holds extensive trade powers due to decades of congressional delegation, allowing the administration to potentially reconfigure tariff policies under different authorities regardless of the ruling. Additionally, there is political opposition in the U.S. Senate aimed at ending tariffs on Canada, signaling domestic pressure on the administration's trade policies.